DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls

Bitget

News

AMBCrypto2026/07/10 13:03

By:AMBCrypto

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

DeXe [DEXE] extended its rally, defended the $30 level, and surged to a new all-time high of $35.5.

At press time, DEXE traded around $34 after rising 17.9% over the past day. Trading Volume jumped 161% to $128 million, while Market Cap climbed 16%, reflecting strong market participation.

So, why did DEXE rally?

DeXe emerged as one of the best-performing tokens in 2026. In fact, the altcoin has gained 962% year-to-date.

@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1774359638628-7_123456"] { min-height: 50px; transition: min-height 0.3s ease; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1774359638628-7_123456"] { min-height: 90px; } }

The rally came as traders sought exposure to decentralized governance and AI-linked infrastructure. That trend kept demand elevated. Over the past week, DEXE also recorded strong Spot accumulation.

DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls image 0

Source: Coinalyze

Buyers dominated the market for eight consecutive days, according to Coinalyze data. Spot buy-and-sell volume maintained a positive delta throughout the period, with Buy Volume exceeding 1 million.

A sustained positive buy-and-sell delta indicated aggressive Spot accumulation.

However, Spot demand was not the only driver.

According to CoinGlass, Open Interest rose 18% to $160 million, while Derivatives Volume climbed 146% to $210 million.

DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls image 1

Source: CoinGlassThe sharp rise in Open Interest and Derivatives Volume suggested traders actively opened new positions. That alignment showed both Spot and Derivatives traders supported the rally. If demand remains elevated, DEXE could extend its gains.

Can DEXE climb above $40?

Buyers retained firm control of the market, strengthening DEXE’s upward momentum.

The Relative Strength Index (RSI) climbed to 76, approaching overbought territory. The reading reflected strong buying pressure rather than weakening momentum.

Even so, another indicator supported the trend.

The Average Directional Index (ADX) showed the Positive Directional Indicator (+DI) rising to 37, above both the ADX reading of 33 and the Negative Directional Indicator (-DI).

DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls image 2

Source: TradingView

Together, these indicators suggested the uptrend could continue if buying demand remained intact.

If buyers continued accumulating, DEXE could move above $40 while holding the $30 support level. Failure to defend $30 could send the altcoin toward its next support near $27.

Final Summary

DeXe [DEXE] rallied nearly 18% to a new all-time high of $35.5 before easing to around $34 at press time.
Strong Spot accumulation and rising Open Interest suggested buyers remained firmly in control as DEXE targeted $40.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18